The Florida Senate

243.141  Board of Administration to act as fiscal agent.--Prior to the issuance of any revenue certificates, the Board of Regents may request the State Board of Administration to advise the Board of Regents as to the fiscal sufficiency of the proposed issue. Upon sale and delivery of any revenue certificates and disbursement of the proceeds thereof pursuant to this part, the State Board of Administration may upon request of the Board of Regents take over the management, control, administration, custody, and payment of any or all debt services or funds or assets now or hereafter available for any revenue certificates issued pursuant to this part. The State Board of Administration shall upon request of the Board of Regents invest all funds, including reserve funds, available for any revenue certificates issued pursuant to this part in the manner provided in s. 215.47. The Board of Regents may from time to time provide by its duly adopted resolution the duties the State Board of Administration shall perform, and such duties may be changed, modified, or repealed by subsequent resolution as the Board of Regents may deem appropriate.

History.--s. 1, ch. 63-427; s. 2, ch. 63-204; s. 18, ch. 65-130; s. 115, ch. 79-222; s. 15, ch. 94-230.